John Wood
Is this an opportunity to take a position ahead of the results?
John Wood publishes a Trading update on Weds, 26 Jun.
- Last time John Wood reported: AGM Statement, 9 May.
- The shares rose as much as 1.5% for a daily range of 16p or 3.6%.
- Shares -32% from 2019 highs; +8.8% from 2019 lows; -18.4% year-to-date.
- Currently 413p (at time of writing).
- Will we see another big share price move on Wednesday?
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading John Wood – An Example
Let’s say you think that John Wood results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of John Wood using CFDs, at the current price of 413p. To do this, you need £2,000.
For the purpose of this example, let’s assume John Wood reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2,000.
Conversely, let’s assume you open the position, and place a stop-loss 5% below the current price. John Wood results miss, it falls 5% and hits your stop-loss. Your loss would be £500.
This is provided for information purposes only. It should not be taken as a recommendation.